stock market news
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Business
Swiggy IPO Opens Tomorrow: All You Need to Know About Investment, Price Band, and Listing Date
Swiggy, the food and grocery delivery giant, is set to open its IPO on November 6, 2024, closing on November 8. The public offering, valued at Rs 11,327.43 crore, consists of a fresh issue worth Rs 4,499 crore and an offer for sale (OFS) worth Rs 6,828.43 crore. Retail investors can enter at a price band of Rs 371-390 per…
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India News
Hyundai Motor India IPO Sees Sharp Decline in Grey Market Premium Amid Subdued Investor Interest
The grey market premium (GMP) for Hyundai Motor India’s unlisted shares has dropped sharply, falling to 0.87 per cent, indicating weak market sentiment surrounding the automaker’s Initial Public Offering (IPO). This is a notable decline from the Rs 147 or 7.5 per cent GMP recorded on October 9, when Hyundai Motor revealed its IPO price band, according to grey market…
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Business
Manba Finance IPO Opens with Strong Subscription, Shares Trade at ₹60 Grey Market Premium
The IPO of Manba Finance Limited opened today, offering ₹150.84 crore worth of shares with a price band of ₹114 to ₹120 per share. The issue will remain open until September 25, 2024. The offering consists entirely of fresh shares, with proceeds going towards the company’s expansion. Bidders can apply in lots of 125 shares. By mid-morning on the first…
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